782 Grooms RoadRexfordNY12148
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Rexford at 782 Grooms Road, Rexford, NY, 12148 offers $5,501/mo rent that, after a $2,619/mo payment, leaves $1,928/mo cash flow. Total monthly income is $5,501/mo, and annual cash flow is $23,135/yr on $176,015 cash. Return on cash invested measures 33.2% in year one, and rental yield stands at 12.34% at a $535,000 entry. Equity gained on principal adds $3,452/yr while 5% annual appreciation compounds into $147,811 by year five. Five-year ROI records 174.75% and total cumulative return in cash reaches $307,588. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,501/mo property income versus a $2,619/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12148, Rexford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,989 (100%) |
| Owner Occupied HU | 1,501 (75.5%) |
| Renter Occupied HU | 392 (19.7%) |
| Vacant Housing Units | 96 ( 4.8%) |
| Median Home Value | $464,227 |
| Average Home Value | $507,816 |
Housing Distribution
Address Breakdown
Residential
2,043
Single Family
1,710
Multi-Family
333
Businesses
81
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Listed by: Ferdinando Bruno • RE/MAX Solutions
Mls Name: Global MLS
Mls Provider:
Mls ID: #202422958
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker